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A Fool Looks Back

It was an eventful week if you knew where to look.

The financial media's making a big deal out of Apple's (Nasdaq: AAPL) decision that it didn't need to renew its license with Google(Nasdaq: GOOG) to incorporate YouTube as a native pre-installed application for its upcoming iOS 6.

Is this really such a surprise? It's inevitable. Apple and Google are on a collision course for tech supremacy, and the two once chummy companies are now fierce competitors.

Both parties will be fine here. Google will have more control over the monetization and updating frequency of its application. Apple will be free to turn heads when it makes a bigger play for video entertainment without having to ruffle Google's feathers.

The future will be interesting, and if it means having to download a YouTube app on your iPhone 5 next month, so be it.

Briefly in the newsAnd now let's take a quick look at some of the other stories that shaped our week.

Universal Display(Nasdaq: PANL)climbed higher on Thursday after posting better-than-expected revenue and issuing robust guidance for the current quarter. Fears that the OLED specialist would be hitting some rough patches were clearly overblown.

Sirius XM Radio(Nasdaq: SIRI) posted encouraging quarterly results, bumping its adjusted EBITDA target higher in the process. Now would be a good time to laugh at all the skeptics who argued that satellite radio would be a transitory technology. Sure, everything is ultimately transitory, but Sirius XM Radio grows more popular with every passing year.

China's Renren(NYSE: RENN) saw its quarterly revenue pop 48% higher, but that was entirely the handiwork of its online gaming initiatives. Display advertising declined by a little more than 10%. Social-networking growth isn't always a lock.

Moving onNow that you've had a glimpse of the past, let's delve into the future. A new report details the latest Rule-Breaking multibagger that has earned Fool co-founder David Gardner's attention. The report is free, and you're closer to it than you might think. Check it out now.

Longtime Fool contributorRick Munarrizcalls them as he sees them. He owns no shares in any of the stocks in this story and is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has adisclosure policy.

Author

Rick has been writing for Motley Fool since 1995 where he's a Consumer and Tech Stocks Specialist. Yes, that's a long time with more than 20,000 bylines over those 22 years. He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception. He earned his BBA and MBA from the University of Miami, and he splits his time living in Miami, Florida and Celebration, Florida.
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